Global solar photovoltaic installers market to reach $651bn by 2030

The solar photovoltaic installers sector will grow by 15 % annually through 2030, driven by residential demand, public incentives and increasing integration into urban projects.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The global solar photovoltaic (PV) installers market is expected to grow from $282.18bn in 2024 to $651.33bn by 2030, with a compound annual growth rate of 15 %. This increase reflects accelerating demand for solar solutions, particularly in the residential and commercial sectors.

Residential demand drives installer activity

The rise in rooftop solar installations in residential areas is a key factor. Homeowners, motivated by the desire to control their consumption and benefit from surplus buyback mechanisms, are increasingly relying on qualified installers. The proliferation of small-scale projects creates a steady flow of assignments for technicians, with shorter deployment timelines and more frequent neighbourhood interventions.

Community-based adoption and word-of-mouth further amplify this trend. The local presence of many installers enables easier market access and supports organic sector growth. Stability of orders in the residential segment offers valuable visibility for small businesses and specialised contractors.

Technological innovation changes the profile of installations

The growth of thin-film technologies is transforming installation practices, especially on buildings with non-standard surfaces. Lighter and more flexible, these materials expand installers’ reach into complex architectural structures. Their increasing adoption is pushing companies to train skilled personnel to meet new technical requirements.

Meanwhile, crystalline silicon remains the dominant choice, valued for its reliability and energy efficiency. Its compatibility with standard mounting systems simplifies construction execution and encourages process standardisation. Installers benefit from reduced intervention times and more predictable project planning.

Public policy and urbanisation accelerate the pace

Supportive regulations, combined with subsidies and tax incentives, play a central role in expanding the sector. Tax credits, feed-in tariffs and training programmes supported by public authorities broaden access to the installer profession and drive job creation.

The integration of photovoltaic systems in urban construction projects is also boosting demand. Public buildings, shopping centres and residential developments seek to comply with energy efficiency standards, generating high volumes of installation contracts. Urban areas, with stronger logistics and administrative infrastructure, allow installers to streamline operations.

Rising energy costs favour installations

The continued increase in electricity prices pushes households and businesses to seek more stable alternatives. Photovoltaic systems offer a cost-effective medium-term solution, supporting growth in the installers’ market.

Each new installation directly translates into an economic opportunity for sector players. The inflationary context enhances the competitiveness of solar energy and facilitates the emergence of new professional profiles specialising in installation, maintenance and after-sales services.

The end of China's VAT rebate and reduced output bring an end to eighteen months of historically low prices in solar and storage sectors.
The Kuwait Authority for Partnership Projects has shortlisted several companies for Phase III of the Al Dibdibah solar plant, with a net capacity of 500 MW.
The Central Electricity Regulatory Commission has agreed to examine compensation claims by ACME Solar and AMPIN Energy, citing losses caused by non-operational transmission lines.
The Japanese developer has reached a total of 100MW in solar capacity under power purchase agreements with Microsoft, spread across four projects in the country, two of which are already operational.
SNCF Énergie signed four new renewable electricity purchase agreements with Neoen in July, covering the annual consumption equivalent of the TGV Paris–Bordeaux line.
RWE has inaugurated a 4 megawatt-peak solar park in Charente-Maritime, built on a former municipal landfill site and capable of supplying electricity to approximately 1,500 households.
EDF power solutions and El Paso Electric have started operations at the Milagro Energy Center, combining 150 MW of solar photovoltaic capacity and 75 MW of battery storage under a 20-year power purchase agreement.
Iberdrola strengthens its partnership with Norges Bank Investment Management by adding two Spanish photovoltaic plants, raising joint operational capacity to 900 MW.
Producer Red Rocket has finalised financing for a 331 MWp solar park in Mpumalanga, backed by a 20-year power purchase agreement with Discovery Green.
Sun Investment Group has launched a crowdfunding campaign with Enerfip to raise up to €1.6mn ($1.7mn) to support the development of twelve photovoltaic plants in Italy totalling 113 MW.
GreenYellow will develop a 1.5 MWp photovoltaic plant in Mauritius for Volailles et Traditions, with an expected annual output of 2.45 GWh fed into the national power grid.
An alternative energy scenario proposes increasing solar and storage capacity by 2037 to reduce fossil fuel dependence and cut electricity generation costs in Thailand.
Osaka Gas and Daiwa Energy & Infrastructure have formed a partnership to expand their renewable energy business with the acquisition of a 25MW solar power plant in Kyoto, formerly owned by Kyocera TCL Solar.
Global South Utilities, filiale de Resources Investment LTD, inaugure à N’Djamena la centrale Noor Chad de 50 MW avec 5 MWh de stockage, dimensionnée pour alimenter des centaines de milliers de foyers et exploitée directement par l’entreprise.
Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.
TotalEnergies will transfer half of a 1.4 gigawatt solar portfolio to KKR, strengthening its position in the North American power market while securing $950 million through the sale and bank refinancing.
EDP, via EDP Renewables, inaugurates in Menestreau (Nièvre) a photovoltaic park of nearly 16MWc, comprising 29,630 panels and designed to produce about 19GWh per year, in co-activity with sheep farming.
The transaction creates the fifth-largest US residential solar player by installed megawatts, doubles the sales force to 1,734 representatives and targets a record operating profit in the fourth quarter of 2025.
Founder Group invests MYR1.16bn ($2.76bn) in a 310 MWp solar project with storage in Malaysia to power a future 200 MW green data centre campus.
RES secures a three-year contract to operate the Cleve Hill site, marking a strategic asset transfer in the UK's large-scale solar market.